New boss for FirstCaribbean Jamaica

BRIDGETOWN, Barbados, Thursday July 1, 2010 – In exactly two months there will be a new man in charge at FirstCaribbean International Bank in Jamaica.

Nigel Holness has been appointed Managing Director and Senior Coverage Officer, with his appointment taking effect from September 1st, allowing for a transition period for current boss, Clovis Metcalfe, to retire at the end of this year. 

The bank’s Executive Chairman, Michael Mansoor, made the disclosure from the company’s Regional Head Office in Barbados, more than two months after Metcalfe’s retirement was announced.

Holness’ appointment, though, is subject to regulatory approval.

“Nigel has already served our bank with distinction. As we continue to roll out our Bank’s strategic vision for the development of this region, we look forward to his contribution and congratulate him on his new appointment,” Mansoor said.

Holness joined the bank in 1988 as a Customer Service Representative and has worked in several capacities across the bank throughout his more than twenty-year tenure. Those include roles within the organisation’s retail business, and later within Capital Markets, where he specialised in foreign exchange and soft currency liquidity in both Jamaica and Barbados.  

He currently serves as the Jamaica Country Treasurer, a member of the Jamaica Country Management Committee and was recently appointed to the Jamaica Pension Management Committee.  

Metcalfe, who began serving as Managing Director in January last year, will continue to serve in a consultative capacity and as a Non-Executive Director of the company, FirstCaribbean said.